A new trading day began on Friday, with New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) stock price down -1.69% from the previous day of trading, before settling in for the closing price of $63.30. EDU’s price has ranged from $54.00 to $97.23 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 9.62%. Meanwhile, its annual earnings per share averaged 37.62%. With a float of $157.08 million, this company’s outstanding shares have now reached $165.51 million.
Let’s determine the extent of company efficiency that accounts for 75005 employees. In terms of profitability, gross margin is 52.82%, operating margin of 9.43%, and the pretax margin is 12.2%.
New Oriental Education & Technology Group Inc. ADR (EDU) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Education & Training Services Industry. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 3.94%, while institutional ownership is 42.08%. The most recent insider transaction that took place on Nov 07 ’24, was worth 1,321,729.
New Oriental Education & Technology Group Inc. ADR (EDU) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 37.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.00% during the next five years compared to 4.20% growth over the previous five years of trading.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Trading Performance Indicators
Here are New Oriental Education & Technology Group Inc. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 4.14 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Looking closely at New Oriental Education & Technology Group Inc. ADR (NYSE: EDU), its last 5-days average volume was 2.16 million, which is a jump from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 83.70%. Additionally, its Average True Range was 2.25.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 24.74%, which indicates a significant decrease from 78.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.21% in the past 14 days, which was lower than the 56.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.05, while its 200-day Moving Average is $74.60. However, in the short run, New Oriental Education & Technology Group Inc. ADR’s stock first resistance to watch stands at $63.79. Second resistance stands at $65.35. The third major resistance level sits at $66.35. If the price goes on to break the first support level at $61.23, it is likely to go to the next support level at $60.23. Should the price break the second support level, the third support level stands at $58.67.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
With a market capitalization of 10.18 billion, the company has a total of 169,697K Shares Outstanding. Currently, annual sales are 4,314 M while annual income is 309,590 K. The company’s previous quarter sales were 1,435 M while its latest quarter income was 245,430 K.
